Tesla plans to open a new store every four days
 

Tesla plans to open a new store every four days
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Elon Musk wants to see more of his stores in malls and shopping centers near you.

Tesla Motors will add a new retail store every four days, on average, during the next year, according to the company's second-quarter earnings report Wednesday.*

The plan comes amid earnings that missed expectations on profits and revenue.*

Tesla posted $1.56 billion in revenue compared to the $1.62 billion predicted by analysts. It more than doubled the losses on earnings per share for the second quarter of 2016.*

SEE ALSO: Elon Musk sees a future where everyone can own a Tesla


Tesla also failed to meet its own goals for production this quarter, as revealed last month. It delivered 14,370 vehicles over the three months while its target was 17,000.* Read more...

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